Reply #15: some parts sound good, some bad

[Green_Lantern]

The legislation includes a payroll tax credit for small businesses that hire new workers, which Reid hopes will win over Republicans.

Sounds good but wait.....

Senate leaders are working on an estate tax deal that could make it easier to move a bipartisan jobs bill. A deal being discussed by Reid and McConnell involves moving an estate tax bill through the Senate that would prevent a huge hike in the tax from taking effect in 2011, staffers and lobbyists say.

But guess which of those 2 proposals the GOP opposes....

The credit for hiring new employees would be applied to workers hired between Feb. 3, 2010, and Jan. 1, 2011, who have been unemployed for more than 60 days and do not replace existing workers.

While some Republicans have offered support for the idea, others have cautioned that the tax credit didn’t work well when the Carter administration tried it in the 1970s and that businesses won’t take advantage of it until they need new workers.

Demand tax cuts, unless workers get them. Blah.